Jakarta, Pintu News – The crypto market had an incredible week as the total value of all assets increased by almost $300 billion.
These gains were led by Bitcoin (BTC) which scored a new all-time high by crossing the $118,000 mark. As a result, a bullish weekend is expected in the crypto market.
Here is an analysis of three altcoins that seem poised for further gains in the next two days, quoting the BeInCrypto page (11/7)
As of July 11, HYPE had risen by 11% in the last 24 hours and was trading at $45.28. The altcoin is just 2% short of its previous all-time high (ATH) of $45.80.
Read also: Altseason Index: 98% of Altcoins Beat Bitcoin in Last 2 Days – Altseason Has Started?
This price surge reflects increased investor interest and opens up opportunities for further price increases in the near future.
Although reaching a new ATH seems possible, the main challenge for HYPE is to break the $50.00 level. This level could be a psychological resistance that could potentially drive demand higher and strengthen bullish sentiment.

However, this move is contingent on HYPE’s ability to secure $45.80 as a support level to maintain upward momentum.
If HYPE faces selling pressure after crossing $45.80, the price could drop back down to the support level at $42.30. Losing this support would invalidate the bullish outlook, signaling a potential market correction and a halt to further price gains.
Worldcoin (WLD) price increased by 22.4% in the last 24 hours (11/7), making it one of the best performing altcoins. Currently trading at $1.11, the crypto token is attracting attention due to strong investor interest and positive market sentiment.
This surge indicates growing confidence in the asset and its potential for further growth.
The next key resistance level for WLD is $1.19, which the altcoin could possibly break. The increase in capital inflows, as shown by the rise in the Chaikin Money Flow (CMF) indicator, indicates that more investors are pouring funds into WLD.

If it manages to cross $1.19, the price will likely be pushed towards $1.33, which would be a significant bullish move.
However, if WLD fails to secure $1.19 as support, the price is at risk of a decline. The altcoin could still hold above the $1.06 support level, but continued selling pressure could push the price down below that threshold.
A drop below $1.06 could bring the price down further to $0.95 and invalidate the current bullish outlook.
Read also: PEPE Coin Price Breaks Wedge Pattern, Ready to Jump 50%? Here’s the Chart Prediction!
PEPE surged 18% and emerged as one of the best altcoins today, currently trading at $0.00001304. Positioned only slightly below the $0.00001312 resistance level, PEPE is showing strong momentum.
This upward movement signals increased investor interest, with potential for further growth if the resistance level is broken in the near future.
In mid-June, PEPE experienced a trend shift from bullish to bearish after the formation of a Death Cross pattern. Since then, PEPE has struggled to reverse the trend direction.

However, if market conditions improve, PEPE has a chance to break the $0.00001389 resistance level, which could mark a continued recovery and resurgence of upward momentum for this altcoin.
If PEPE faces selling pressure from short-term holders, the price could correct and drop back to the support levels at $0.00001216 or $0.00001059.
A drop below these levels will invalidate the bullish outlook, indicating a potential shift towards a more bearish trend as well as a halt to PEPE’s price recovery.
That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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